GOAT said Feb. 7 that it raised $25 million in funding led by Accel. Existing investors Matrix Partners, Upfront Ventures and Webb Investment Network also participated in the round. GOAT, of Los Angeles, provides a sneaker marketplace on mobile.
3 min read · 08 February 2017
Wiiv Wearable said Feb. 8 that it raised $4 million in Series A funding. Existing investors Eclipse VC, Evonik Venture Capital, Real Ventures and Asimov Ventures, are joining the round. Wiiv, which creates custom-fit, 3D printed footwear, also said it was buying eSoles, which is known for its modular customizable footbeds. Financial terms weren’t announced.
4 min read · 08 February 2017
Unigestion and Akina said Feb. 8 that they have agreed to merge their private equity businesses. The new company, a specialist in global small and mid-market private equity, will have $6 billion in assets under management and 54 professionals in Geneva, Zurich, London, New York and Singapore. The combined business will operate under the Unigestion name. Christophe de Dardel, Unigestion’s head of private equity and member of the executive committee, will continue in his current role. Akina, of Zurich, advises and manages funds of funds and direct investment programs invested in small and mid-sized companies in Europe. Unigestion is a boutique asset manager.
3 min read · 08 February 2017
Orange Growth Capital said Feb. 8 that Annette Wilson has joined the firm as partner COO and investor relations. Wilson was most recently with Silverfleet Capital Partners where she set up an IR function. Aman Ghei has also joined the firm as a principal.
3 min read · 08 February 2017
2 min read · 08 February 2017
2 min read · 07 February 2017
H.I.G. Growth Partners, the growth affiliate of H.I.G. Capital, said Feb. 7 that its portfolio company, Centerfield Media Holdings LLC, has acquired Qology Direct Holdings Inc. Financial terms weren’t announced. Qology Direct, of Margate, Florida, is a marketing company.
3 min read · 07 February 2017
Clayton, Dubilier & Rice said Feb. 7 that it agreed to sell Mauser Group NV to Stone Canyon Industries LLC. The deal is valued at $2.3 billion. Mauser, of Oosterhout, The Netherlands, supplies industrial rigid packaging products and reconditioning services. Bank of America Merrill Lynch and Citigroup acted as financial advisors to CD&R, while Latham & Watkins LLP provided legal counsel to CD&R. Goldman Sachs acted advised SCI while Gibson, Dunn & Crutcher LLP provided legal.
4 min read · 07 February 2017
Industrial Opportunity Partners said Feb. 7 that it acquired GT Technologies Inc. Financial terms weren’t announced. American Securities was the seller. GT Technologies, of Westland, Michigan, supplies custom-engineered gasoline and diesel engine valve train actuation components and assemblies to the global automotive, heavy duty truck and off-road vehicle industries. Houlihan Lokey acted as financial advisor to GT Technologies. Bank of America and Patriot Capital provided financing, and Winston & Strawn LLP provided legal representation to IOP in the transaction.
3 min read · 07 February 2017
Prexton Therapeutics said Feb. 7 that it has closed a 29 million euro ($31 million) Series B round led by Forbion Capital Partners and Seroba Life Sciences. Also participating were Merck Ventures (NL), Ysios Capital (ES) and Sunstone Capital (DK). Prexton, of Naarden, the Netherlands, is a biopharmaceutical company developing therapeutic compounds for the treatment of central nervous system conditions.
3 min read · 07 February 2017